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Items tagged with ethereum
Cryptocurrency like Bitcoin and Ethereum are big business these days. While Bitcoin has received the lion’s share of the attention since its introduction in 2009, Ethereum is poised to overtake it in market cap in the near term. With all of the momentum in the cryptocurrency mining market — and the hardware that helps make it possible — it should come as no surprise that nefarious parties are looking to take advantage of unsuspecting users. Unfortunately, these bad actors are making use of the NSA’s leaked DoublePulsar trojan which is a particularly nasty piece of malware. It all starts with...
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It took only a few seconds for the price of Ethereum, one of the hottest cryptocurrencies out there next to Bitcoin, to plummet from $319 all the way down to $0.10 on the GDAX cryptocurrency exchange on Wednesday. Following an investigation to ensure no foul play had taken place, it was determined that "multi-million dollar market sell" order caused the digital currency's value to fall off a cliff. "Our initial investigations show no indication of wrongdoing or account takeovers. We understand this event can be frustrating for our customers. Our matching engine operated as intended throughout this...
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The so-called cryptocurrency market is booming, or at least parts of it are. One of the most popular digital currencies is Bitcoin. It recently topped the $3,000 mark for the first time since its debut in 2009, and had you owned just $27 worth at that time, you'd be sitting on $15,000,000. While volatile, the price just keeps going up over time. This has kept the mining market alive, and NVIDIA reportedly plans to capitalize on it by releasing specialized Pascal cards tuned specifically for digging up crytocurrencies. News of NVIDIA's plans can be found all over the web, though most reports trace...
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Since its debut in 2009, Bitcoin has enjoyed a massive share of the cryptocurrency market to the point where it almost seemed untouchable. While there are many different cryptocurrencies out there, none have been a serious threat to the big B. That is until now. The mighty alternative to challenge Bitcoin as of late is called Ethereum, a cryptocurrency that's been around for just under two years. If you've been partaking in the Internet at all lately, you've probably found mention of the hot new currency unmissable. Many have begun wondering how they can dive in and strike it rich with Ethereum...
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Early adopters of Bitcoin who horded as much of the cryptocurrency as they could and then sat back have reason to celebrate today. The volatile digital currency topped the $3,000 mark over the weekend. While the value of Bitcoin has been known to see big spikes (and drops), this was this first time it breached $3,000 since the cryptocurrency was introduced in 2009. Reaching the new milestone was not wholly unexpected. Bitcoin had been trending between $2,700 and $2,900 during the past week before leaping over the $3,000 hurdle, albeit briefly. To put the milestone into perspective, you could have...
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If you're a Raspberry Pi user who's never changed the default password of the "pi" user, then heed this warning: change it. A brand new piece of malware has hit the web, called "Linux.MulDrop.14", and it preys on those who haven't secured their devices properly. Linux.MulDrop.14 looks to be a simple piece of malware, but what it does wouldn't be acceptable by any RPi owner. After scanning for RPis with an open (and default) SSH port, the "pi" user is logged into (if the password is left default), and the password is subsequently changed. After that, the malware installs ZMap and sshpass software,...
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Your stash of Bitcoin may right now be worth a lot more than a pretty penny, at least currently. The total market cap for cryptocurrency just hit an all-time high north of $100 billion USD. Bitcoin, Ethereum, and Ripple have lead the charge over the last two months and there seems to be no sign of them slowing down any time soon. Since April 1st the combined market cap of cryptocurrency has increased 300 percent from $25 billion to $100 billion. Bitcoin has witnessed an 160 percent upshot while Ethereum’s value has increased by 439 percent. There have been a few dips in value over the last few...
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As we reported yesterday, hardware OEMs are paying closer attention to the needs of consumers who partake in cryptocurrency mining. As of late, Ethereum, a new form of currency similar to Bitcoin, has been a hot topic. For example, ASRock is marketing its H110 Pro BTC+ motherboard, which features an huge array13 PCIe slots to be the foundation of a what could be a seriously powerful GPU-powered mining rig. And with 13 PCIe slots at your disposal, you’ll want to find some [relatively] affordable GPUs with enough processing grunt to make mining financially worth your while. Mitch Steves,...
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With the popularity of upstart Cryptocurrencies like Ethereum on the rise and the value of well-established currencies like Bitcoin steadily increasing, there is new-found interest in Cryptocurrency mining. If you remember, a few years back, Cryptocurrency miners caused a shortage of AMD GPUs, which resulted in such high demand that what were supposed to be relatively affordable graphics cards ultimately sold at price points significantly above their MSRP. Over time, GPUs were supplanted by more power-efficient FPGAs and ASICs specifically designed for Bitcoin Cryptocurrency mining, but changes...
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